28 March 2013 Last updated at 19:39

£45m redevelopment plans for Cheltenham Racecourse

Plans for a proposed £45m redevelopment of the flagship Cheltenham Racecourse show a state-of-the-art new grandstand in place of the current "A&R" block, which was built in the 1920s.

The four-day racing festival there is the highlight of the National Hunt season.